IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Detail
IPO Information
Financial
Financial Report
Peer Comparison
Peer Comparison
Performance
Performance Report
Metro Brands IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 1367.51 Cr. The company is based in Mumbai and caters to Footwear sector. Ambit , Axis Capital , Dam Capital Advisors (Formerly Idfc Securities ) , Equirus Capital are the merchant bankers of Metro Brands IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 20th August 2021.
Metro Brands IPO open date is 10th December 2021 and close date is 14th December 2021. IPO Allotment Date is 17th December 2021 and Listing date is 22nd December 2021.
IPO
Size:
₹ 1367.51 Cr.
Avg IPO Size (Sector Based)
: ₹
831.16 cr.
Sector: Footwear
IPO so far:
4
Merchant Banker:
Ambit Private
IPO by BRLM so far:
16
City:
Mumbai
IPO so far:
189
Revenue (annualised):
₹
978.54
cr. 
PE
Ratio:
157.23x
Average Sector PE Ratio: 49.84x
Metro Brands IPO size is ₹ 1367.51 Cr. with IPO price of ₹ 500.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Ambit Private Limited is the book-running lead manager of the Metro Brands IPO. Link Intime India Private Limited is the Registrar for Metro Brands IPO.
Metro Brands IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Metro Brands IPO, based in Mumbai, operates in the Footwear sector with a focus on footwear speciality retailers with the household brand. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Metro Brands IPO size is ₹ 1367.51 Cr. with fresh issue size of ₹ 1,368 and Offer for sale being ₹ Nil
The IPO allotment date for Metro Brands IPO is expected to be 17th December 2021, after the finalization of basis of allotment. Investors can check Metro Brands IPO allotment status on the registrars website, Link Intime India Private Limited . Metro Brands IPO refund dates are 20th December 2021.
Metro Brands IPO is expected to be listed on 22nd December 2021.
The upper price band for the Metro Brands IPO is set at ₹ 500.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Metro Brands IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Metro Brands IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 14th December 2021. After submission, funds are blocked until the basis of allotment of Metro Brands IPO is finalised.
The merchant banker for Metro Brands IPO is Ambit Private Limited , Axis Capital Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , Equirus Capital Private Limited . Ambit Private Limited , Axis Capital Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , Equirus Capital Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Metro Brands IPO RHP for further details.
The registrar for Metro Brands IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Metro Brands IPO through their official website or helpline.
Metro Brands IPO was subscribed 3.64 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 1,367.51 Cr.
Avg IPO Size (Sector Based)
:
₹ 831.16 Cr.
Sector: Footwear
IPO so far:
4
Merchant Banker:
Ambit Private
IPO by BRLM so far:
16
City:
Mumbai
IPO so far:
189
Revenue (annualised):
₹ 912.00 cr.
PE
Ratio:
157.23x
Average Sector PE Ratio: 49.84x
Metro Brands IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Metro Brands Financial Review Page
Merchant Banker(s) of Metro Brands IPO: Ambit Private Limited , Axis Capital Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , Equirus Capital Private Limited
Metro Brands IPO subscription was 3.64 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Metro Brands IPO listed at a listing price of 493.55 against the offer price of 500.00.
The current market price of Metro Brands is 1225.90.
Why Us?
